{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-036875","form_type":"8-K","ticker":"AREN","cik":"0000894871","company_name":"Arena Group Holdings, Inc.","filed_at":"2026-08-10T20:23:28+00:00","discovered_at":"2026-08-10T20:25:03.020440+00:00","generated_at":"2026-08-10T20:25:24.172462+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Arena Group Q2 revenue down 51%, rebrands to Paradium.AI, acquires InfoSentience","bullets":["Q2 2026 revenue $22.2M vs $45.0M in Q2 2025; net loss $0.2M vs net income $108.6M (incl. $96.2M discontinued ops gain).","Adjusted EBITDA $4.4M (19.8% margin) vs $18.6M (41.3%) in Q2 2025; cash $11.2M.","Acquired InfoSentience (Fantasy Journalist, Inc.) for cash; accretive expected in 2026; founder Steve Wasick stays.","Extended term debt with Renew Group Private Limited by 3 years, non-dilutive, maturity extended.","Rebrand to Paradium.AI expected by end of August; launched Cutter Studios AI content engine."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-036875","json":"https://secwatch.observer/filing/0001493152-26-036875.json","markdown":"https://secwatch.observer/filing/0001493152-26-036875.md","text":"https://secwatch.observer/filing/0001493152-26-036875.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894871/000149315226036875/0001493152-26-036875-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894871/000149315226036875/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-10T20:25:24.172462+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}